Australian former world number one Jason Day has been grouped with golf legend Tiger Woods in one of the marquee first-round trios at the Masters. 

Now among an elite group of golfers to have finished runner-up at all four major championships after his joint second at last year's British Open, Day has been afforded the ultimate billing at Augusta National.

At 48 and barely a part-timer these days, Woods has arrived for his 26th Masters campaign adamant he can break then-46-year-old Jack Nicklaus's 1986 record as the oldest player ever to win a green jacket.

"If it all comes together, I think I can get one more," Woods said after playing nine practice holes on Tuesday with Justin Thomas and 1992 champion Fred Couples.

Day, Woods and Max Homa will tee off at 3:24am (AEST) on Friday.

Woods has completed only two competitive rounds since making an unprecedented 24th Masters cut last year, then withdrawing before round three, with the 15-time major winner admitting he was in no physical shape to play more than a handful of times a year.

But he said it was not his rebuilt right ankle, shattered in a Los Angeles car accident in 2021, that restricts him during golf's most gruelling walk.

"It's fused, it's not going anywhere, so that's fine," he said.

"It's other parts of my body that now have to take the brunt of it. … The back, the knee, other parts of the body have to take the load of it, and just the endurance capability of walking a long time and being on my feet for a long time.

Adam Scott, Australia's only Masters winner, hits off in the preceding three ball with US pair Cameron Young and Sam Burns.

Australian Cameron Smith also features in a star-studded grouping with reigning US Open champion Wyndham Clark and Norwegian world number six Viktor Hovland.